FXPRIMUS Partners with YuuPay Payment Service with Asian Markets in its Sights

Tuesday, 09/02/2016 | 14:55 GMT by Damian Chmiel
  • Traders from Singapore, Thailand and China are amongst those that will now be able to pay with YuuPay.
FXPRIMUS Partners with YuuPay Payment Service with Asian Markets in its Sights

CySEC regulated retail broker FXPRIMUS announced today that it is extending payment services to customers in a new region by partnering with YuuPay, a provider of secure payment solutions. The broker will also benefit from an increased range of available payment methods.

From now on, retail traders from China, Singapore, Thailand and Dubai will be able to use YuuPay payment services for trading with FXPRIMUS.

“We’d like to congratulate YuuPay for their ongoing efforts to extend their secure funding services,” commented Terry Thompson, director and CEO of FXPRIMUS. “This approach entirely mirrors our own strategy to make our safe trading journey accessible to clients all around the world.”

Yoav Elgrichi, CEO of YuuPay, commented: “We are extremely happy with how YuuCollect has provided a safe and secure alternative to facilitate Payments for FXPRIMUS. We are all well aware how the payment arena is rapidly changing and we at YuuPay ensure that we keep ourselves committed to bringing more innovative solutions to respond to the growing demands of the industry.”

Back in December 2015, FXPRIMUS decided to reset all fees and commissions associated with the process of depositing and withdrawing funds. The brokerage joined this emerging trend among retail brokers due to increasing customer demand. Last week, a similar decision was made by DMM FX.

CySEC regulated retail broker FXPRIMUS announced today that it is extending payment services to customers in a new region by partnering with YuuPay, a provider of secure payment solutions. The broker will also benefit from an increased range of available payment methods.

From now on, retail traders from China, Singapore, Thailand and Dubai will be able to use YuuPay payment services for trading with FXPRIMUS.

“We’d like to congratulate YuuPay for their ongoing efforts to extend their secure funding services,” commented Terry Thompson, director and CEO of FXPRIMUS. “This approach entirely mirrors our own strategy to make our safe trading journey accessible to clients all around the world.”

Yoav Elgrichi, CEO of YuuPay, commented: “We are extremely happy with how YuuCollect has provided a safe and secure alternative to facilitate Payments for FXPRIMUS. We are all well aware how the payment arena is rapidly changing and we at YuuPay ensure that we keep ourselves committed to bringing more innovative solutions to respond to the growing demands of the industry.”

Back in December 2015, FXPRIMUS decided to reset all fees and commissions associated with the process of depositing and withdrawing funds. The brokerage joined this emerging trend among retail brokers due to increasing customer demand. Last week, a similar decision was made by DMM FX.

About the Author: Damian Chmiel
Damian Chmiel
  • 3375 Articles
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About the Author: Damian Chmiel
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia. His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch. Education: MA in Finance and Accounting, Cracow University of Economics
  • 3375 Articles
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